What is Title Insurance

Title insurance is a protection, available to purchasers and lenders of real estate, which places the title insurance company in the position of defending, at its cost and its risk, up to the policy amount, any special claims against the property not excepted by the policy. The title insurance policy protects the insured against loss should the condition of title be other than as insured. Unlike other types of insurance that offer protection against future possible occurrences, title insurance offers protection against past occurrences which could result in a claim at a future date. Coverage continues in effect for as long as you have an interest in the covered property. Title insurance provides the insured with “peace of mind” in knowing that you are receiving good and marketable title to the real estate you are purchasing.